📆【August 5 · Crypto Circle News】
I can only say that the market completely meets expectations. Those without patience have already been washed out, and those wanting to catch a big wave can easily be taught a lesson by the market. The highlight of the second half of the week will be whether there will be a reversal in the secondary market.
📌 BTC steadily oscillates upward, returning to a familiar rhythm on workdays.
Bitcoin continues to move sideways and strengthen, with no surprises or shocks. The market rhythm is very clear: when ETH rises, Bitcoin follows.
📌 ETH honestly maintains strength, quietly changing hands.
In the bull market of US stocks, ETH remains the most stable across the board. Retail investors' holdings have almost been taken over by institutions, and the sentiment of holding is becoming increasingly calm.
📌 SOL continues to follow the trend, with the little brother only responsible for keeping pace.
Among the three giants, the little brother is SOL, which has no independent market; the on-chain ecosystem is active, but the price just follows the big brother and second brother. To turn things around, one has to wait for rotation.
📌 The White House plans to issue an executive order to punish discrimination against crypto companies by banks.
The president of the ETF Store revealed that the White House is preparing to take action to ensure a favorable banking service environment for crypto businesses, which directly benefits compliance and institutional capital entering the market.
📌 Fed's Daly hints that the timing for interest rate cuts is approaching, potentially more than twice this year.
The market instantly stirred, responding immediately after the good news was released. Coupled with Forbes' prediction of the IPO season for crypto stocks, funds may flow back into native crypto projects, and the spark for the altcoin season may be here.
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